Was looking through the real estate sites in Singapore and most rentals are close to 2K for a studio and around 1.5K for a room. Am I looking in the wrong areas and perhaps these sites are catered to expats who get lavish housing allowances?

Which district would you advise is semi-affordable where one could find a decently apartment? Say for example if you were to be earning 5K a month. I'm as frugal as frugal gets.

In Singapore developers and the government are well and truly in bed together. They have public housing for poorer voters, but the government gets nice kickbacks from developers for keeping apartment costs sky-high. It is a one-party state and collusion between government and business is the only game in town.

My own lease is about to expire in a couple of months and my landlord is demanding a $300 increase to $2800/month (which is more realistically $3000/month if you factor in the property agent's commission which for some ridiculous reason I have to pay for).

A friend of mine in the finance line told me that property agents and landlords are desperately trying to hike up rental rates before next year because there's an expected surplus of residential projects that's scheduled to be completed next year.

A friend of mine in the finance line told me that property agents and landlords are desperately trying to hike up rental rates before next year because there's an expected surplus of residential projects that's scheduled to be completed next year.

I ask:- - - Why? What is going on in Singapore that would empty so many apartments? Could you please explain?

If indeed an emptying of apartments in Singapore is going to happen, the question to ask is; "How will this affect language schools and their enrollments?"